TRX is in a dangerous place
This analysis is an update of the analysis you see below in the "Related Ideas" section.
The triangle of the previous analysis is still standing and only the D wave has become more time-consuming.
We expect the formation of wave E from TRX.
It can be rejected from the supply range to the green box.
The targets are marked on the picture.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
The triangle of the previous analysis is still standing and only the D wave has become more time-consuming.
We expect the formation of wave E from TRX.
It can be rejected from the supply range to the green box.
The targets are marked on the picture.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
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